Reddit co-founder Alexis Ohanian commits Rs 164 crore for climate change. See details

Alexis Ohanian, co-founder of Reddit and husband of the renowned American tennis player Serena Williams, has committed to donate $20 million (approximately Rs 164 crore) to individuals and organizations focused on conserving the environment, particularly those working as climate change activists and entrepreneurs.

Ohanian's 776 Foundation aims to distribute $20 million to fund initiatives aimed at addressing climate change. The foundation recently held a summit in Austin, Texas, where it recognized and awarded fellowships to individuals, who shared Ohanian's dedication to combating climate change.

$20 million to Save Planet

Ohanian's motivation for pledging the $20 million to support climate change activists and entrepreneurs is to be able to tell his daughter, Olympia, that he made a valuable contribution towards the preservation of the planet.

The first round of funding has already been allocated to 20 young people from various parts of the world, who will use the funds for a diverse range of initiatives, including reducing atmospheric carbon emissions and preventing wildfires.

In a recent interview with CBS Mornings, Alexis Ohanian revealed that the grants would be awarded based on the potential of the ideas presented, regardless of whether the individual had fully developed their concept or was still in the research phase.

According to Ohanian, he encourages individuals to pursue remarkable accomplishments in the realm of environmental conservation, stating that if just one person achieves something great, he will be able to proudly boast to his daughter, "Papa was the one to believe in that thing that saved our planet."

FAQs

Q1:When did Alexis Ohanian create Reddit?
Alexis Ohanian created Reddit in 2005 along with Steve Huffman and Aaron Swartz.

Q2:When did Alexis Ohanian marry Serena Williams?
The couple - Alexis and Serena - tied the knot in 2017.